Income Tax : GST- the new tax regime is much talked about as a major tax reform. It is a comprehensive tax regime to be levied on manufacture, ...
Corporate Law : Insolvency and Bankruptcy Code, 2016 is to consolidate and amend the laws relating to reorganisation and insolvency resolution of ...
Fema / RBI : Only Indian companies were required to submit FLA returns to the RBI but as per the A. P. (DIR Series) Circular No. 22 Dated: Octo...
Fema / RBI : In the recent notification of Reserve Bank of India and to align with the Government of India’s startup initiative, it has been ...
Corporate Law : You may have noticed that not every startup can raise funds or attract investors; the reason is simple that a startup usually does...
Section 135 of the Companies Act, 2013, Schedule VII of the Act and Companies CSR Policy Rules, 2014 read with General Circular No. 21/2014, Dated: 18th June, 2014 issued by the Ministry of Corporate Affairs, provide the broad contour within which eligible Companies are required to formulate their CSR policies including activities to be undertaken and implement the same in the right earnest.
CS Priyanka Gera Executive Summary Ministry of Corporate Affairs (hereinafter referred to as “MCA”) has issued notification on Investor Education and Protection Fund Authority (Appointment of Chairperson and Members, holding of meetings and provision for offices and officers) Rules, 2016 (hereinafter referred to as “IEPF Rules”) in order to exercise the powers conferred by sub-sections […]
The Reserve Bank of India has notified Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 to prohibit, restrict or regulate, transfer or issue security by a person resident outside India.
This circular RBI/2015-16/122 dated July 9, 2015 has been issued in continuance of DNBS (PD) CC.No.376/03.10.001/2013-14 and Notification No. DNBS (PD) 275/GM(AM)-2014 dated May 26, 2014 wherein ‘Non-Banking Financial Companies (Approval of Acquisition or Transfer of Control) Directions, 2014’ have been given.
The Ministry of Corporate Affairs (MCA) has issued General Circular No. 04/2015, Dated: 10/03/2015 on the clarification of Loans and Advances to employees under Section 185 and 186 of the Companies Act, 2013 (“CA, 2013”). This alert has covered all the significant updates on the loans and investments made by the Indian Company which will upgrade the knowledge of each individual.
Amendment in the companies (Meetings and Board of powers) rules vide Notification dated 14.08.2014 by Companies (Meetings of Board and its Powers) Second Amendment Rules, 2014.
Now, The Company may keep its BOA or other relevant papers in electronic form. The CG may direct that the BOA may be kept for a longer period in case of a company under inspection